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Uganda’s Stolen Billions: Basajja Balaba’s 24 Billion Leather Factory Fraud » The Hoima Post

Summary by hoimapost.co.ug
In a country grappling with unemployment, limited industrial capacity, and a struggling export sector, every coin allocated toward economic transformation is sacred. But when those entrusted with steering the ship of development divert resources for personal gain, the consequences reverberate through generations. Such is the grim reality behind the case of businessman Basajja Balaba, who has come under fire for misappropriating Shs 24 billion in…
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hoimapost.co.ug broke the news in Uganda on Wednesday, April 16, 2025.
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